Price is still in the uptrend channel.
Expect the price to retest the mid/lower channel.
5min TF, price respect EMA50. If today price cross EMA50, expect some trading range before next movement.
Expect the price to retest the mid/lower channel.
5min TF, price respect EMA50. If today price cross EMA50, expect some trading range before next movement.
Comment:
5min channel
Comment:
1min possible entry if reject EMA10
Comment:
Price rebound to EMA12 14tick TP.
If price break below, possible minor correction until mid/lower channel
If price break below, possible minor correction until mid/lower channel
Comment:
Price expect buat trading range atau turun to lower channel
Comment:
Price cross EMA12 5min before market close indicates 1st sign sideway.
Comment:
Price trade in range..
Test lower channel and EMA50
Test lower channel and EMA50
Comment:
Price break channel indicate confirmation of ranging market OR change trend
Price retest & Reject EMA12 indicate strong seller in the market.
Price retest & Reject EMA12 indicate strong seller in the market.
Comment:
Price break channel but reject EMA50 indicate buyer still strong.
Strong upward movement before market close reaches the supply area before close back in the range.
Strong upward movement before market close reaches the supply area before close back in the range.
Create new possible channel